Unlawful concealment of transactions

(a) It is unlawful for a director, officer, agent, or employee of an association, directly or indirectly, to conceal or endeavor to conceal any transaction of the association from any officer, director, agent, or employee of the association or from the commissioner, any examiner, or other employee of the department to whom it should properly be disclosed. (b) A violation of this section is a Class C misdemeanor. Acts 1978, ch. 708, § 5.07; T.C.A., § 45-1707; Acts 1989, ch. 591, § 113. (a) It is unlawful for a director, officer, agent, or employee of an association, directly or indirectly, to conceal or endeavor to conceal any transaction of the association from any officer, director, agent, or employee of the association or from the commissioner, any examiner, or other employee of the department to whom it should properly be disclosed. (b) A violation of this section is a Class C misdemeanor. Acts 1978, ch. 708, § 5.07; T.C.A., § 45-1707; Acts 1989, ch. 591, § 113.